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All Topics / Legal & Accounting / PPOR & IP in a trust – renting to members?
Hi Guys,
One of the research points I am looking into is if the following situation possible?:
4 beneficiaries in a Trust (A, B, C & D)
If A were to purchase a Property under the Trust and then rent (cost of mortgage+rates etc) it out to B, C & D and that A would not reside in this property:
Apologies if i don't make sense, I'm still trying to make sense of all this myself and to see what is possible, currently we are all renting and looking at ways to both start a portfolio and not rent!
Thanks
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